Major Stocks Weak

Although the Market is up ever so slightly today, as I write this article 56.71% of all stocks are trading below their 100 day moving averages.  We are not in a Market panic mode but some caution is advised.

Today, I'd like to review the numbers on a few of the stock that hold the attention of the readers of Seeking Alpha and Motley Fool:  Ford (F), Citigroup (C), Intel (INTC), Cisco (CSCO) and Google (GOOG). All 5 have a Relative Strength Index below 50%.

Ford (F)

Barchart technical indicators:

• 80% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 16.94% off its 52 week high
• Relative Strength Index 44.00%
• Recently traded at 15.03 which is below its 50 day moving average of 15.39

Citigroup (C)

Barchart technical indicators:

• Barchart technical Hold signal
• Trend Spotter sell signal
• Below its 20 day but above its 50 and 100 day moving averages
• Only 4.18% off its 52 week high
• Relative Strength Index 45.77%
• Recently traded at 55.22 with a 50 day moving average of 54.91

Intel (INTC)

Barchart technical indicators:

• 88% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 20.22% off its 52 week high
• Relative Strength Index 31.68%
• Recently traded at 30.42 which is below its 50 day moving average of 32.48

Cisco (CSCO)

Barchart technical indicators:

• 88% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 9.47% below its 52 week high
• Relative Strength Index 29.45
• Recently traded at 27.47 which is below its 50 day moving average of 28.91

Google (GOOG)

Barchart technical indicators:

• 96% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 12.66% off its 52 week high
• Relative Strength Index 40.27%
• Recently traded at 524.11 which is below its 50 day moving average of 536.26